Asia-Pacific Glass Bottles And Containers Market Size (2024 - 2029)

Asia-Pacific Container Glass Market Analysis

The Asia-Pacific Glass Bottles And Containers Market size is estimated at 25.32 Million tonnes in 2024, and is expected to reach 32.14 Million tonnes by 2029, at a CAGR of 4.89% during the forecast period (2024-2029).

• In the Asia-Pacific region, the food, beverage, and pharmaceutical sectors are driving a surge in demand for glass containers. This uptick is largely attributed to bans on plastic packaging, a push for sustainability, and a well-established recycling infrastructure throughout the region.
• Data from the International Trade Centre highlights China's dominance in Asia's glass container exports, tallying 1,898,260 tons in 2023, with India trailing at 357,747 tons. As both nations ramp up their export activities, they're poised to channel investments into cutting-edge production technologies. Such advancements promise not only superior product quality but also streamlined processes, potentially slashing costs and bolstering the competitiveness of glass containers against other packaging alternatives.
• In India, the rising appetite for alcoholic beverages is set to propel the glass container industry's expansion. Glass bottles, especially for wine, are favored for their protective qualities against sunlight-induced spoilage. Agriculture and Agri-Food Canada forecasts India's wine consumption to hit 52.2 million liters by 2025, further amplifying the demand for glass packaging.
• With the crackdown on single-use plastics, there's been a notable pivot towards alternatives like glass. In Japan, the financial outlay for recycling glass bottles stands out as more economical compared to other packaging materials. Data from the Japan Containers and Packaging Recycling Association reveals that in 2023, recycling costs for amber and colorless glass bottles were about JPY 8.2 (USD 0.058) and JPY 6 (USD 0.042) per kilogram, respectively. Such cost benefits are nudging manufacturers towards glass packaging.
• Producing glass is an energy-intensive endeavor, demanding elevated temperatures to melt raw materials. This energy requirement can inflate operational costs, particularly in areas grappling with surging energy prices or stringent environmental mandates. Moreover, fluctuations in the prices of key raw materials like silica, soda ash, and limestone can further escalate production expenses.

Asia-Pacific Container Glass Industry Segmentation

Container glass is used in the alcoholic and non-alcoholic beverage industries due to its ability to maintain chemical inertness, sterility, and non-permeability. Glass packaging is valued for its unique properties, including its transparency, inertness, and ability to preserve the quality and integrity of its contents. It is often chosen for products where purity, safety, and environmental sustainability are paramount concerns.

The Asia-Pacific container glass market is segmented by end-user vertical (beverages [alcoholic (wines and spirits, beer, and cider), non-alcoholic (carbonated soft drinks, juices, water, dairy-based, flavored drinks, etc.)] food, cosmetics, pharmaceuticals, and other end-user vertical) and country (China, India, Japan, Thailand, Australia and New Zealand, South Korea, Vietnam, Rest of Asia Pacific). The report offers market forecasts and size in volume (tonnes) for all the above segments.